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Economy News

U.S. retail sales rebounded in September

According to Commerce Department figures released Friday, retail sales in the United States rose in September due to price increases. A new report from the U.S. Department of Commerce shows that the U.S. retail sales market rebounded in September after falling 3.3 percent in the previous month, according to a report released Friday. According to […]
Economy News

Italy: Automobile production fell by 37.4%

According to figures released by the National Statistics Institute (Istat) on Monday, the decline in automobile production has accelerated sharply from July’s 7.4% drop. Italian automobile production dropped 37.4% in August. This decrease is mostly due to the global shortage of semiconductors, according to data released Monday by the Institute. According to figures